US-based specialty chemical company Lubrizol Corporation on Monday announced investment commitments of over USD 150 million across several projects in its portfolio in the country. The proposed investment will go into building the world's largest CPVC resin plant at Vilayat in Gujarat in partnership with Grasim Industires; doubling its CPVC capacity at its Dahej Gujarat plant to 1.4 lakh tonne; opening a second grease lab in Navi Mumbai, the Berkshire Hathaway-owned company said in a statement. Founded in 1928, Lubrizol Corporation provides specialty chemicals for the transportation, industrial and consumer markets. Its products include additives for engine oils and other transportation-rela
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